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Blossom Manufacturing Inc is a local manufacturing company, Rather than sell its product directly, Blossom ships its finished goods inventory to Bridgeport Retailing Ltd, who

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Blossom Manufacturing Inc is a local manufacturing company, Rather than sell its product directly, Blossom ships its finished goods inventory to Bridgeport Retailing Ltd, who sells the product for Blossom on consignment. During 2023, Blossom ships $119.500 in merchandise to Bridgeport. At the end of 2023, Bridgeport has sold 65% of the merchandise for $75,500. Bridgeport notifies Blossom of the sales, retains a 20% commission, and remits the cash due to Blossom. (a) Prepare all the necessary journal entries on the books of Blossom Manufacturing to record the consignment transactions, (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts, List all debit entries before credit entries.) Attempts: 0 of 1 used he parts of this question must be completed in order. This part will be available when you complete the part above

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